What is payback period

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Amp, Inc, has invested $ 2165800 on equipment. the firm uses payback period criteria of no accepting any project that takes more than 4 years to recover cost. the company anticipates cash flows of $451,386 $ 512,178 $ 564255 $ 764,997 $ 816,500 and $ 825375 over the next 6years. what is payback period

Reference no: EM13913617

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What is payback period : Amp, Inc, has invested $ 2165800 on equipment. the firm uses payback period criteria of no accepting any project that takes more than 4 years to recover cost. the company anticipates cash flows of $451,386 $ 512,178 $ 564255 $ 764,997 $ 816,500 and $..
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